ISHARES EQUAL WEIGHT BANC & (CEW.CA) Stock Technical Analysis
TSX:CEW - Toronto Stock Exchange - CA46433J1084 - ETF - Currency: CAD
We assign a technical rating of 7 out of 10 to CEW. Although CEW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: CEW has an average volume of 8627 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CEW is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, CEW outperforms 68% of them, which is more or less in line with the market.
In the last month CEW has a been trading in a tight range between 22.07 and 23.00.
CEW has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.33
23.15
3 important support areas can be observed.
- A support zone ranging from 22.17 to 22.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.80 from a horizontal line in the daily time frame.
- A support zone ranging from 20.54 to 20.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.92 to 22.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CEW.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEW.CA is up. |
| ChartMill Relative Strength | 68.83 | NEUTRAL | CEW.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEW.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEW.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEW.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.35 | NEUTRAL | The RSI value for CEW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CEW.CA has a positive trend. |
| Stochastics (14,3) | 94.52 | OVERBOUGHT | The high Stochastics value suggests CEW.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for CEW.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.11 | NEUTRAL | The ADX value for CEW.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:CEW (8/15/2025, 7:00:00 PM)
22.91
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week2.32%
2 Weeks2.64%
1 Month1.33%
3 Month6.04%
6 Month11.05%
12 Month28.71%
2 Year49.74%
3 Year50.9%
5 Year86.19%
10 Year119.91%
15 Year218.92%
Volatility
ATR(14)0.17
ATR(20)%0.64%
ATR Inc-18.18%
Range Today0.11
ADR(20)0.11
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.83
Mansfield0.06
10 Day High23
10 Day Low22.07
20 Day High23
20 Day Low22.07
52 Week High23
52 Week Low17.79
CS1 End22.59
CR1 Start22.92
Volume & EV
DER(3)3.06%
DER(5)0.86%
Volume9.52K
Volume Incr-11.86%
Vol(5)7.36K
Vol(50)8.63K